FORBES · 2026-10-06 20:59 UTC

$85,000 Level Could Be Crucial To 'Structural Change' In Bitcoin Market, Says Analyst

Bitcoin trading near $85,000 since late September could signal a structural market change if it holds as support, according to analyst Paul Howard at Wincent. Institutional demand through ETFs and corporate treasury purchases may be creating a stronger price floor, potentially leading to less volatile cycles with smaller drawdowns. Multiple analysts emphasize that the quality of demand matters more than the price level itself, with focus on whether gains are driven by spot/ETF inflows versus derivatives leverage.

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